John D. and Catherine T. MacArthur Foundation
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|Focus||Public policy, media, the arts|
|John D. MacArthur (co-founder)
Catherine T. MacArthur (co-founder)
|Endowment||$6.5 billion (2014)|
|Slogan||"Committed to building a more just, verdant & peaceful world."|
The John D. and Catherine T. MacArthur Foundation is the 12th-largest private foundation in the United States. Based in Chicago, the Foundation supports non-profit organizations in approximately 50 countries. MacArthur reports that it has awarded more than US $5.5 billion since its first grants in 1978. According to the Foundation, it has an endowment of $6.5 billion and provides approximately $225 million annually in grants and program-related investments.
The Foundation's stated aim is to support "creative people, effective institutions, and influential networks building a more just, verdant, and peaceful world." MacArthur's grant-making priorities include mitigating climate change and reducing prison populations. The Foundation sponsors the MacArthur Fellows Program, also referred to as “genius grants,” which are $625,000 no-strings-attached awards annually granted to about two dozen individuals in diverse fields.
John D. MacArthur owned Bankers Life and Casualty and other businesses, as well as considerable property holdings in Florida and New York. His wife, Catherine T. MacArthur, held positions in many of these companies. Their attorney, William T. Kirby, and Paul Doolen, their CFO, suggested that the family create a foundation to be endowed by their vast fortune.
When MacArthur died on January 6, 1978, he was worth in excess of $1 billion and was reportedly one of the three richest men in the United States. MacArthur left 92 percent of his estate to begin the John D. and Catherine T. MacArthur Foundation. The composition of the Foundation’s first board of directors, per MacArthur’s will, also included J. Roderick MacArthur, John's son from his first marriage, two other officers of Bankers Life and Casualty, and radio commentator Paul Harvey.
MacArthur was a capitalist, and the Foundation’s original 1970 deed said that one purpose of the foundation was to support “ways to discover and promulgate avoidance of waste in government expenditures.” However, MacArthur did not spell out specific parameters for how his money was to be spent after he died. MacArthur told the Foundation's board of directors, “I figured out how to make the money. You fellows will have to figure out how to spend it.” Between 1979 and 1981, John's son J. Roderick MacArthur, waged a legal battle against the Foundation for control of the board of directors. The Foundation became and remains one of the pillars of the liberal philanthropic establishment.
Dr. John Corbally, the first president of the Foundation and later board chairman from 1995 to 2002, was followed in 1989–99 by Dr. Adele Smith Simmons, who was the first female dean at Princeton University. Then, Dr. Jonathan Fanton, president of American Academy of Arts and Sciences, served as the Foundation's next president. Dr. Robert Gallucci, formerly dean of Georgetown University's School of Foreign Service, served as the Foundation's fourth president from 2009 to 2014. Gallucci was fired in 2014, with the Foundation's board announcing it was "looking for a new kind of leadership." Julia Stasch, who formerly served as MacArthur's vice president for U.S. Programs, was named the Foundation's new president in 2015. Stasch had formerly served as chief of staff to Chicago mayor Richard M. Daley.
The MacArthur Fellowship is an award issued by the MacArthur Foundation each year, to typically 20 to 25 citizens or residents of the United States, of any age and working in any field, who "show exceptional merit and promise for continued and enhanced creative work." According to the Foundation, the fellowship is not a reward for past accomplishment, but an investment in a person's originality and potential. Dr. George Burch of Tulane University is credited with conceiving of the idea for the MacArthur Fellow program.
A new competition launched on June 2, 2016, will award a $100 million grant to a single proposal designed to help solve a critical problem affecting people, places, or the planet. The Foundation’s competition, called "100&Change", is open to organizations working in any field of endeavor. Applicants must identify both the problem they are trying to solve, as well as their proposed solution. Competitive proposals must be meaningful, verifiable, durable and feasible.
In May 2016, Phillip Jackson, former CEO of the Chicago Housing Authority and the founder of the Black Star Project, criticized the MacArthur Foundation for the racial homogeneity of its grant recipients. In response, MacArthur President Julia Stasch wrote that Jackson's critique "inaccurately and grossly understated our efforts to address the urgent problems that confront our city" and that "Since 1979, we have provided $1.1 billion in grants and direct impact investments to Chicago organizations—more MacArthur funds than to any other place in the world."
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